An important measure of a vehicle's value is what it's expected to be worth five years down the road. In fact, for many vehicle shoppers, resale value is a significant factor that they take into consideration because high resale values lower the overall costs of owning a vehicle.
Toyota has a well-deserved reputation for having some of the highest resale values in the industry. This is why when you purchase a Toyota from Karl Malone Toyota, you can be confident that your vehicle will retain its value for years to come.
Toyota captured several prizes in Edmunds.com's fourth annual Best Retained Value® Awards, which recognize the 2014 models that have the highest projected residual values after five years. Toyota was the most decorated brand among model-level winners with a total of six awards. According to Edmunds.com, these models have a better long-term value than any other vehicle in their respective categories:
Category, Model, Retained Value*
|*Retained value is the projected private party resale value after five years in the market and assuming 15,000 miles driven per year, expressed as a percentage of the True Market Value® (TMV®) price when sold new.|